Sunday, December 15, 2024

OncoOne: Raises €13M in Series A Funding

OncoOne: Raises €13M in Series A Funding

  • Austria-based OncoOne closed its Series A funding round with €13m raised
  • This financing will used to officially launch the company and support the development of oncology treatments
  • Then the initial funding will enable the company to develop its solutions to provide innovative treatments for cancer indications with poor prognosis
  • Then the funding round was led by the Austrian Research Promotion Agency, the Austria Wirtschaftsservice Gesellschaft, and two family offices
  • The FFG and AWS had previously invested in OncoOne back in August and November 2018
  • OncoOne founded in June 2018 by Randolf Kerschbaumer, Michael Thiele and Alexander Schinagl

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